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The Bronx / Longwood / 10459

940 SIMPSON STREET

Boro2
Block2724
Lot101
BBL2027240101
Class D7
Residential units
44
Units in total
45
Storeys
6
Year built
1915
Last alteration on file
1980
Recorded transfers
1 since 2003
01

What has sold here

Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.

RecordedConsiderationUnitWhat transferredInstrument
30 Nov 2006$13,266,936-APARTMENT BUILDINGDEEDO
DEEDO
DEED, OTHER. A conveyance the Register files under its other-deed category.
02

The building on the lot

Section through the lot

LOT 11,000 SQ FT6
Drawn from PLUTO: 6 storeys, 56,350 sq ft of building on 11,000 sq ft of lot, an average floor plate covering 85% of it. PLUTO records 2 buildings on this lot, so the mass drawn is their combined floor area. It is a diagram of recorded figures, not a picture of the building.
Lot area
11,000 sq ft
Building area
56,350 sq ft
Residential area
52,400 sq ft
Commercial area
3,950 sq ft
Office area
-
Retail area
3,950 sq ft
Buildings on the lot
2
Built floor area ratio
5.12
Residential FAR permitted
3.44
Zoning district
C4-4
03

Assessment

Assessed land value
$66,150
Assessed total value
$2,286,000
Exempt value
$2,286,000
Assessed per residential unit
$51,955

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
D7ELEVATOR APT; SEMI-FIREPROOF WITH STORES
Neighbourhood
Longwood
ZIP code
10459
Community district
The Bronx 2
Council district
17
Coordinates
40.821242, -73.892538
05

Other buildings in Longwood

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
975 SIMPSON STRR37620172-
951 HOE AVENUERM30020056-
970 KELLY STREETRR26819821-
1001 WHITLOCK AVENUED726520230-
1156 EAST 165 STRREETD725120250-
813 EAST 163 STREETD120019850-
1134 UNION AVENUED317519720-
980 WESTCHESTER AVENUERM15120200-
820 HEWITT PLACEC914419860-
899 WESTCHESTER AVENUERM14120140-
890 PROSPECT AVENUERM12420050-
960 PROSPECT AVERR12020170-

Every building on file in Longwood